File #: 230173    Version: Name: Loan Documents - 629 Post Street - Small Sites Program, Academy of Art University Settlement Fund - Not to Exceed $30,385,225
Type: Resolution Status: Passed
Introduced: 2/14/2023 In control: Clerk of the Board
On agenda: Final action: 3/17/2023
Enactment date: 3/17/2023 Enactment #: 098-23
Title: Resolution approving and authorizing the Director of the Mayor’s Office of Housing and Community Development to execute documents relating to a loan for the acquisition and rehabilitation of 629 Post Street, pursuant to the Small Sites Program, utilizing the Academy of Art University Settlement Fund for a total loan amount not to exceed $30,385,225; confirming the Planning Department’s determination under the California Environmental Quality Act; and finding that the Project loan is consistent with the General Plan, and the eight priority policies of Planning Code, Section 101.1.
Sponsors: Mayor, Ahsha Safai, Rafael Mandelman
Attachments: 1. Leg Ver1, 2. DRAFT Loan Agreement, 3. DRAFT Deed of Trust, 4. DRAFT Secured Promisory Note, 5. DRAFT Declaration of Restrictions, 6. Acquisition and Rehabilitation Funds, 7. General Plan Referral 122322, 8. Form 126, 9. BLA Rpt 030123, 10. Cmte Pkt 030123, 11. MOHCD Presentation 030123, 12. Leg Ver2, 13. Board Pkt 030723, 14. Form 126 Final, 15. Leg Final, 16. Executed Loan Agreement 040623, 17. Recorded Deed of Trust 060623, 18. Executed Promissory Note 040623, 19. Recorded Declaration of Restrictions 060623
Legislation Details
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